Jay, We are already in the process of becoming a 501(c)3. We're at the Articles of Incorporation and By Laws writing stage. I know the questions I asked were lengthy, I'm just a little overwhelmed, which I'm sure you can understand.
Jen
--- Jay Varner jay@sopobikes.org wrote:
Hi Jennifer,
I'm glad you've found the wiki and website useful. To answer some of your questions - most (if not all) the shops in the community that operate on grants and donations are non-profit (501(c)3) organizations. I'm not sure what model you are going for. The answers to your questions can be a bit complex. To help us help you, I'd suggest giving this a read and figuring out where your project fits:
http://www.bikecollectives.org/wiki/index.php?title=Bike_Collective_Starter_...
On Tue, Apr 1, 2008 at 9:00 PM, Jennifer Nordhem jen@milehighmess.com wrote:
Hello everyone, my name is Jennifer Nordhem of the soon to be Battlesteed Custom Bike Works in
Denver.
We're currently looking for places to rent for
our new
shop. I noticed some people say they don't,
which
would just be a miracle that I don't foresee
coming
true.
Here are the questions I have: How much do you pay for rent? About how much money do you receive monthly from grants, donations, membership fees, sales, etc? How much do you spend monthly on tools, etc?
I want to get a grasp on what kind of
income/outflow
to expect so I can budget how much we can afford spending on rent.
Thanks everyone! The website and wiki have been extremely helpful so far, I'm really happy to see
such
a supportive community.
Jen _______________________________________________ Thethinktank mailing list Thethinktank@bikecollectives.org
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